So as the plan exists now, a PennDOT foreman with 35 years of service in could retire with pension income equal to 87.5 percent of his average pay for the last three years on the job.

Public employees don't just get that benefit, they pay in all through their careers with payroll deductions currently set at 7.5 percent for most teachers, and 6.25 percent for most state workers.

The new plan being rolled out by Senate Republicans would offer active workers this choice: keep the high multiplier and see your retirement deduction jump to 10.75 percent for teachers, or 8.75 percent for state workers; or let the multiplier drop to 2 and see the regular payroll deductions drop to 6.25 percent and 5 percent, respectively.

That's the backdrop for this controversial roll back proposal.

Governor Tom Wolf sits down with PennLive's Wallace McKelvey: Part 3 One of the biggest issues raised by Republicans, especially in the Senate, after your budget address is the need to address the state's $50 billion-plus in unfunded pension liability. Part of their solution would involve transition to 401k-style plans, especially for new workers. Is that something you have considered? Is that something you're willing to explore?

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